227 5th Avenue
227 5th Avenue
$225,000
6
2
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Description
CREATIVE FINANCING opportunity! Can you afford 1100-1500 per month?? Look no further. Welcome to this expansive 2400+ Sq Ft, 6-bedroom, 2-bath home located at 227 W 5th Street in Lexington, NC. Offering a unique seller financing option, potential buyers can enjoy terms of 5-20% down with an interest rate between 5-10%, refinance within 3-5 years. While the home currently lacks HVAC, installation is required before the balloon payment, ensuring future comfort. This massive property has received a...CREATIVE FINANCING opportunity! Can you afford 1100-1500 per month?? Look no further. Welcome to this expansive 2400+ Sq Ft, 6-bedroom, 2-bath home located at 227 W 5th Street in Lexington, NC. Offering a unique seller financing option, potential buyers can enjoy terms of 5-20% down with an interest rate between 5-10%, refinance within 3-5 years. While the home currently lacks HVAC, installation is required before the balloon payment, ensuring future comfort. This massive property has received a series of updates including a new roof and fresh paint. Its large, flat lot and ample parking space add to its appeal. Inside, find two modernized bathrooms and rooms brimming with potential. An extra structure on the property presents a rare opportunity for those looking to open a convenient store or explore other business ventures. Don't miss out on this versatile offering!
- Listed by Jason Coleman • Keller Williams One
Property Details for 227 5th Avenue
Zoning
TN
Location
LISTING UPDATED: 04/15/2024 05:33 PM
Property Details for 227 5th Avenue
Status | New Listing |
---|---|
MLS # | 1137388 |
Days on Market | 27 |
Taxes | $1,234 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Stick/Site Built |
Year Built | 1898 |
Lot Size | 0.27 AC / 11,626 SF |
County | Davidson County |
Location
Building Information for 227 5th Avenue
Stories-Year Built1898Building Size-Lot Size0.27 AC / 11,626 SF
Payment Calculator
$1,331 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 227 5th Avenue
Property History for 227 5th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 227 5th Avenue
This home is within Lexington City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 1 to 5 |
Rating | School | Distance |
---|---|---|
Charles England Intermediate School Public1 to 5 | ||
Lexington Middle School Public6 to 8 | ||
Lexington Senior High School Public9 to 12 | ||
Southwest Elementary School Public1 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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